Otkritie Buys Petrocommerce Bank

Otkritie Buys Petrocommerce Bank

Oct 30 (Reuters) – Russia’s Otkritie Financial Corp. is buying mid-sized Petrocommerce bank from IFD Kapital, an investment company with ties to energy major Lukoil’s largest shareholders, Otkritie said in a statement on Wednesday. Petrocommerce,...
Telus says agrees to buy start-up Public Mobile

Telus says agrees to buy start-up Public Mobile

TORONTO, Oct 23 (Reuters) – Canadian telecom company Telus (T.TO) said on Wednesday it has agreed to buy 100 percent of struggling startup Public Mobile from private equity firm Cartesian Capital and Thomvest Seed Capital, a Toronto-based investment vehicle...